Brandon Keelean (MDes, ’18) Ann Duong (MHI, ’18) Elisabeth Michel (MPH, ’17)
How did you decide your team name?
The process was much like any ideation session, we wrote down a bunch of names (many of them bad) and then selected our favorite. Canopy stuck out to us because of its alignment to the idea of coverage and protection and it passed the receptionist test. (If we picked up the phone and said, “Hello, this is Canopy, so-and-so speaking…” would it sound good?)
Tell us briefly about your business idea.
At Canopy, we’re building digital tools to help families talk about and make end-of-life healthcare decisions in order to better prepare for the challenges that may come their way. We started working on it in response to real-world events—Brandon watched a friend struggle to make medical decisions on behalf of her uncle one night in the emergency room. As a team, we saw the potential to help people like her navigate the complexity of modern medicine better.
How has the MBC experience helped transform your approach to business strategy?
The competition provided a wonderful springboard and testing ground to change our business model and structure our thinking about how to bring Canopy to market. We’ve been able to learn from some of the wonderful mentors here at University of Michigan about best practices in business to move Canopy from an idea to reality.
What do you think will be the long-term impact of the implementation of this idea?
We hope Canopy can help reduce the barriers to talking about healthcare planning to help empower individuals and families from all walks of life to advocate for their loved ones with more information and less anxiety as they journey through healthcare.
What been your biggest takeaway from this experience?
We’ve learned a lot about ourselves as innovators, entrepreneurs, and leaders. We’ve stumbled and pivoted along the way, but being part of the entrepreneurship community here at the University of Michigan, we’ve been amazed at the support and collaboration we’ve received.
If you win, what will you do immediately following the competition?
Celebrate the win with the people who have helped make it possible and then keep moving. We’re building our minimum viable product right now and continue to talk to people about how to bring Canopy to life. We’re excited for what’s ahead.
Is there anything else you would like to tell us?
You can learn more about Canopy by visiting our website canopy.tools, following us on Twitter @canopytools or emailing us hello@canopy.tools. We’d love to hear your stories about navigating modern medicine and talking to family and friends about your healthcare wishes.
Adam Hokin (COO) Anna Moreira Bianchi (Business Strategist) Vishaal Mali (CEO) Gar Waterman (Prototype Designer) Alexis Baudron (Hardware Lead) Tori Wu (Brand Manager)
How did you decide your team name?
The story behind the company’s name is quite simple. We wanted the name to resonate with the cycling community but also within tech as well. We eventually fell upon “PedalCell” as it was reasonably friendly, easy to pronounce, didn’t tie us to a specific market, and, most importantly, wasn’t taken!
Tell us briefly about your business idea.
The idea stemmed from a calling to fight global warming. But as teenagers, we realized that inventing technology to single-handily save the planet was infeasible. Instead, we built bike-powered phone chargers that inspire sustainable behaviors. Moreover, there are countless other applications for cyclist power we’re excited to explore!
How has the MBC experience helped transform your approach to business strategy?
We’ve made a ton of progress over these past few months, and the challenge helped us prioritize certain milestones. MBC especially pushed us to verify all of our assumptions and research to ensure that our business model created discrete value for our market.
What do you think will be the long-term impact of the implementation of this idea?
PedalCell’s bread and butter is its bicycle energy capture technology that awards riders consistent, high-power electricity never-before-seen on a bike. These innovations will allow power-demanding technologies, such as embedded sensors, IoT hardware, and smart city communication standards, to ultimately materialize on the bicycle.
What been your biggest takeaway from this experience?
MBC has opened our eyes to the entrepreneurial community U-M and Ann Arbor has to offer. We’re excited to continue to tap into these invaluable resources in the future!
If you win, what will you do immediately following the competition?
We’re currently deploying stationary bicycles with embedded phone chargers around campus! You’ll see them popping-up in Ross and University gyms. Check out our social media and website to see how you can charge-up, stay healthy, go green, and be one of the firsts to try PedalCell technology!
Is there anything else you would like to tell us?
MBC has been a remarkable experience for our team, and we are excited to continue the momentum! We appreciate the support we’ve gotten from the U-M community and encourage those who are interested to stay updated on our progress via @PedalCell social media handles and the new pedalcell.com!
Despite there being tens of thousands of places across the country that give out free food to those in need, there was no singular, reliable way to find these assistance programs. I wanted the name of my organization to be simple and representative of the problem it solves.
Tell us briefly about your business idea.
I got the idea for FoodFinder as a high-schooler when I couldn’t find somewhere to volunteer at near my home in Georgia. Since I had such trouble finding these assistance providers, I wondered how hard it must be for those actually in need of the assistance offered at these locations.
I want to make it as easy as it should be for someone struggling with hunger to find a helping hand. The heart of FoodFinder’s value comes from our platform’s ability to combine the speed and privacy of an online tool with the care, compassion, and reliability of a human.
How has the MBC experience helped transform your approach to business strategy?
As a nonprofit, I’ve primarily spoken with donors (rather than investors) when it comes to demonstrating the value of FoodFinder. However, thanks to the MBC, I’ve gotten much better at highlighting FoodFinder’s strength as a business in addition to our positive social impact.
What do you think will be the long-term impact of the implementation of this idea?
In the long run, FoodFinder should be an institution of the food assistance space. Countless organizations already contribute so much to feed the less fortunate, but FoodFinder will act as a rising tide that can support all other efforts in the fight against hunger.
What been your biggest takeaway from this experience?
My biggest takeaway from the Michigan Business Challenge has been defining my own style of presenting. I’m really thankful to have had the opportunity to compete and to welcome others into our vision of a hunger-free America.
If you win, what will you do immediately following the competition?
Winning the Impact Track would mean a lot for FoodFinder. Not even a week after the competition, I’ll head home to Atlanta for Spring Break and get to work with our development team on making FoodFinder more capable of helping food insecure families than ever before.
Adelie penguins are a species with strong parental instincts. The parents take turns watching their young and fishing for food. These penguins embody everything we hope to achieve with Adelie – supporting mothers and fathers through the parental leave process and empowering them to move forward in their careers.
Tell us briefly about your business idea.
Stef served on the Women’s Network of the New York Times, where she saw the complexities of the parental leave process firsthand. Adelie stemmed out of the belief that the process can and should be easier for parents, and that technology can achieve that.
We hope to make the process easier on parents, both logistically and emotionally, so they can spend their time on what’s really important. So far, there is no direct-to-consumer solution on the market. Adelie empowers women and men to take control of their parental leave, without having to rely solely on a manager or HR business partner.
How has the MBC experience helped transform your approach to business strategy?
Our MBC experience has been immensely helpful in shaping our business strategy. Our unique business-to-consumer-to-business (B2B2C) approach has been informed by thoughtful conversations with MBC judges each step of the way. The various iterations have helped build Adelie into a powerful resource for expectant parents.
What do you think will be the long-term impact of the implementation of this idea?
We believe Adelie will fundamentally change the experience of taking parental leave. We will clarify, streamline, and demystify the process to ensure that no expectant parents feel isolated or alone. Over time, Adelie will shift norms about parental leave. We’ll create a community of empowered working mothers and a collection of valuable data with which to advocate for universal paid family leave at the federal level.
What been your biggest takeaway from this experience?
It’s incredibly important to listen carefully to the needs of your users, and then be willing to pivot based on what you’re hearing. We’ve uncovered new pain points and problems we never knew existed and have incorporated them into the product, leading to an even more compelling solution for our users.
If you win, what will you do immediately following the competition?
Go for a celebratory drink! And then take a long nap.
January 22, 2018 – Ann Arbor – Business+Impact wants to thank all the teams and judges involved in Round Two of this year’s Michigan Business Challenge – Seigle Impact Track! The competition has been very successful thus far, and the 9 teams from Round Two did a lot of hard work on their presentations. The Impact Track had a panel of three judges – Sarah Ali of Microsoft Ventures; Marianna Kerppola, a Start-up Consultant; and Josh Botkin a ZLI Entrepreneur in Residence.
In addition to the 4 Impact Track teams moving on, a total of 8 teams will compete in the main track.
PedalCell pitches at Round 2 of the Michigan Business Challenge Seigle Impact Track, on Fri, Jan. 19, 2018
The Seigle Impact Track finals will take place on February 16, 2017 from 12:30 – 3 pm at the Ross School of Business. The following teams will participate there:
Adelie– Stefanie Rubinstein (MBA ’19), Vanessa Lynskey (MBA ’19), Tracy Wolfbiss (MBA ’19) Adelie is a digital platform that seamlessly manages parental leave for expectant mothers and fathers.
Canopy – Brandon Keelean (MDes ’18), Ann Duong (MHI ’18), Elisabeth Michel (MPH ’17) Canopy is a web application that helps people talk about and make end-of-life healthcare decisions, and then share those decisions through a legal document.
FoodFinder – Jack Griffin (BBA ’19) FoodFinder uses a web and mobile app to make it as easy as it should be for families in need to locate and learn about their nearest free food assistance programs.
PedalCell – Adam Hokin (BBA ’19), Anna Moreira Bianchi (MBA ’19) PedalCell is a novel bicycle energy capture technology that rapidly charges smartphones for the bike share industry.
It is worth noting that PedalCell and Quirk (which competed in Round Two of the Impact Track) have both also been invited to compete in the final round of the main track. The main track finalists are ALISE, Arbor Automation, Clot Buster, MedKairos Inc., PedalCell, Quirk, Rent the Sari, and Sonodontics.
The Michigan Business Challenge is a campus-wide, multi-round business plan competition where the winning team has the opportunity to win $26,000, gain feedback from judges and expand their business network. The competition is open to all students of the University of Michigan, and multidisciplinary teams are encouraged. The at-large Michigan Business Challenge is sponsored by the Zell Lurie Institute, and the Impact Track is co-sponsored by Zell Lurie, Business+Impact, and the Erb Institute.
December 4, 2017 – Ann Arbor – Business+Impact, Zell Lurie Institute and the Erb Institute thank all the teams and judges involved in Round One of this year’s Michigan Business Challenge! The competition at-large had over a hundred teams apply, and there were 35 teams that presented in the Seigle Impact Track. The overall strength of the competition was terrific. Sixteen of the teams that competed in Round One Fri, Dec. 1, 2017 will move on to Round Two of MBC. Nine teams will move on to Round Two of theMBCImpact Track.
Round Two will take place on January 19, 2018 at the Ross School of Business. The following teams will participate:
Last year’s Impact Track winners were Stephan John (MD ’19) and Aaron Steiner (MBA ’17) with their company, AIM Tech.
Afreecar – Tim Yuan (MBA ’18), Sydney Forrester (SNRE ’18), Yide Gu (BSME ’18), Ziyang Zhong (MSME ’18) Afreecar is a motorized, solar-powered, electric bicycle trailer for affordable transportation and reliable electricity for communities in sub-Saharan Africa
Adelie – Stefanie Rubinstein (MBA ’19), Vanessa Lynskey (MBA ’19), Tracy Wolfbiss (MBA ’19) Adelie is a digital platform that seamlessly manages parental leave for expectant mothers and fathers.
Canopy – Brandon Keelean (MDes ’18), Ann Duong (MHI ’18), Elisabeth Michel (MPH ’17) Canopy is a web application that helps people talk about and make end-of-life healthcare decisions, and then share those decisions through a legal document.
FoodFinder – Jack Griffin (BBA ’19) FoodFinder uses a web and mobile app to make it as easy as it should be for families in need to locate and learn about their nearest free food assistance programs.
Green Book – Rajisa Omar (MPH ’18), Mariam Jalloul (MBA/MPH ’19), Kara Shen Greenbook connects socially-conscious restaurant-goers with delicious, inclusive eateries through crowdsource reviews that more accurately describe dining experiences for minority groups.
PedalCell – Adam Hokin (BBA ’19), Anna Moreira Bianchi (MBA ’19) PedalCell is a novel bicycle energy capture technology that rapidly charges smartphones for the bike share industry.
Pipeline – Elana Fox (MBA) Pipeline builds a network of shared on-campus recruiters to connect top student talent with sustainability and impact-minded companies.
Quirk – Kiley Judge (LSA ’17), Rahul Agrawal Bejarano (COE ’18) Made from quirky fruits, Quirk drinking vinegars are the healthy solution to nutritious, quirky fruit ending up in landfills.
Solar Fridge – Saswat Sahoo (BSE ’19), Vincent Thieu (BSE ’19), Edward Kim (BSE ’19), Anya Amin (BBA ’20), Vanessa Lee (BSE/IOE ’20), Jashan Kishore (BBA/BSE ’20), Ryuji Arimoto (BSE ’20), Adam Racette (BSE ’19) The Solar Fridge team is focused on developing an inexpensive, portable, and low-maintenance solar-powered adsorption refrigerator for vaccine storage aimed at ensuring the viability and availability of vaccines in low-resource communities.
In the summer of 2017, Business+Impact had a number of internship opportunities with a broad spectrum of organizations. Students from Ross, Ford, School of Social Work, Natural Resources, and other programs developed their skills while helping mission-driven organizations in Detroit and around the world.
The Center’s Impact Corps internships placed MBAs and BBAs with global organizations like the Environmental Defense Fund and Ashoka, as well as with social enterprises like LegWorks and Torrent Consulting. Our Summer Fund helped place Masters and BBA students with government and impact organizations across the country, with funding from the Center for Social Impact and the student-run Give-A-Day Fund. Our co-sponsored Ross Open Road sent eight Ross students to seven U.S. states and nine organizations over the month of May. Additionally, our Change Agents internship program had BBAs engage in week of intense orientation followed by 9 weeks of work with a regional impact organization.
Internships are an important part of the work that Business+Impact does. Students who engage in internships are consistently amazed at the passion and purpose of the impact organizations with which they partner. Students are challenged to apply business learning to ambiguous organizational challenges. It requires a level of flexibility and insight to be successful.
Below, we share snapshots of some of their experiences, providing a window into the broad experiences that Business+Impact offers:
Zach Friedman, MBA/MS ’19
Type of Internship: Ross Open Road
Organizations: Merit Goodness, Vice District Brewing, Wild Idea Buffalo Company, Fargo Brewing Company, The Golden Yoke
Location: Detroit, MI; Chicago, IL; Rapid City, ND; Fargo, ND; St. Ignatius, MT
Project: Variety of projects for social entrepreneurs
My Experience: “What has connected all of our partners is a passion to serve their communities, be it underserved youth in Detroit, South Loop residents of Chicago or the Great Plains ecosystem of South Dakota. An entrepreneur’s social impact isn’t determined by the scale of his or her community, but how they serve its needs. “
Andrew Hatfield, MBA ’18
Type of Internship: Impact Corps Internship
Organization: Torrent Consulting
Location: Ann Arbor, MI
Project: Launch a social enterprise rotational program/incubator within Torrent
My Experience: “Torrent Consulting sets aside 10% of its profits to fund & launch social entrepreneurs. My job was to research social entrepreneurship and apply structure and rigor to the process to ensure replicable success. We succeeded in creating a model that would not only keep Torrent profitable, but would also organically grow the fund with each new entrepreneur. With that goal in mind, the actionable results/deliverables from this internship are a major win. No matter where I land, this offers me greater credibility as I try to connect the best lessons from the business world with the best intentions of the humanitarian community.”
Colleen Hill, MBA ’18
Type of Internship: Summer Fund/Give-A-Day Fund
Organization: Room to Read
Location: San Francisco, CA
Project: Data analysis on budget trends, delays and strategy for nine countries in which the organization operates
My Experience: “The funding I received from the Give A Day Fund was incredibly helpful. Living in the Bay Area with an unpaid internship is impossible, and the support I received from Business+Impact made my summer a little easier. My internship with Room to Read has allowed me to understand the operations of a well-established and well-organized nonprofit. (My advice:) There are a lot of opportunities out there that you may not yet be aware of, so learn about some that sound interesting, while sticking to your core career goals.”
Kevin Howard, BBA ’19
Type of Internship: Change Agents
Organization: Neutral Zone
Location: Ann Arbor, MI
Project: B-Side Website, YOR Website, CR course, Revenue Analysis
My Experience: “I was surprised at how different it is to work with nonprofits as opposed to the business school. The environment is much more laid back but everyone has the same goal in mind. I think my biggest takeaway is learning how to succeed in a mission-driven organization where everyone has the same goal for the community. This is a great program and a great opportunity to learn more about yourself and business. Take it if you have the chance!”
Kaushik Moro, MBA
Type of Internship: Impact Corps Internship
Organization: LegWorks
Location: San Francisco, CA
Project: Prepare materials for raising a Series A in the third quarter of 2017
My Experience: “Working at a startup can be hard work but seeing the impact of LegWorks’s products in the developing world was a powerful motivator for entire team and me. My internship exposed me to the venture capital industry and has motivated to explore a career in the impact investing space long term. (When working,) understand what matters most to you and see if you identify with the company’s core mission. This will help you when working with passionate and driven people at these organizations.”
Manasvini Rao, BBA ’19
Type of Internship: Change Agents
Organization: Neutral Zone
Location: Ann Arbor, MI
Project: B-Side Website, YOR Website, CR course, Revenue Analysis
My Experience: “My greatest takeaway from this summer would probably be that consulting for nonprofits can be ambiguous at times but it’s also incredibly rewarding because you’re working with people with such big hearts who really care about the issues they’re facing. Business+Impact was great in letting us do all of this without having to worry about any financial issues, and was always there if we had any questions to ask about the internship process.”
For a complete listing of interns and their internships for 2017 and several years before, click here.
For information on receiving your own student internship, click here.
AUGUST 4, 2017, Ann Arbor, MI – Three teams of Ross Open Road MBAs spent five weeks this May helping 14 social entrepreneurs across the U.S. with the business challenges they face. The program, in it’s second year, is showing steadily increasing popularity at Ross, going from two teams to three this year. This student-run program is co-sponsored by the Center for Social Impact and the Zell Lurie Institute, with transportation provided by General Motors. The program is designed to “give small business owners extra hands in solving complex challenges, and to help students gain real experience understanding the various issues social ventures face.”
Three teams (named OKRA, RAZA and WCKD) began their journeys locally, in Detroit on April 30th. On any given week, each team would arrive on a Sunday, spend the week discussing social entrepreneur’s current needs, and by Friday, they would be presenting a business solution that was practical and usable. As members of team OKRA said, “This experience forced us to take a year’s worth of academic theory and put it into practice and gave us a forum to get to know each other at a deeper level.” From a young ice cream company to 100-year-old salt mine, the work is fast-moving and direct.
How Can You Measure the Impact?
The students involved in Ross Open Road 2017 said that a major discovery from the experience was learning that social impact can occur at virtually any point in the life cycle of a business—from the sourcing of materials to the hiring of staff to the customer base to the impact on the community. One company that forced the students to re-examine what a social enterprise business model can look like is Merit Goodness, headed by David Merritt in Detroit. Similar to Newman’s Own, David established his clothing company to donate 20% of its profits to a high school mentorship program called Fate. Merritt says, “Merit is not a clothing brand on its own. I wouldn’t get up every day to do this if Merit wasn’t tied to Fate.” Merit Goodness is looking to impact the community in another way going forward—through the hiring of Detroit youth.
What Constitutes Community?
The communities in which these companies work are important too. Vice District Brewing Co in Chicago is a black-owned microbrewery on the South Side that attracts a diverse set of staff and customers. As Athena Stevenson said, “Vice District Brewing is providing a space for diversity and accessibility in an industry that has yet to expand its reach. Beyond beer, the tap room facilitates connections through conversation, an activity that transcends industry, income, race, and gender.” Companies like Sola Café in Bozeman, MT and Detroit S.O.A.R. also put community first and engender a tolerant, engaged, and diverse culture.
When Team RAZA arrived at Wild Idea Buffalo Company, they wondered what community this company was serving. When founder Dan O’Brien took the team far out into the Great Plains of South Dakota to admire his herd, they came to realize that this was his community of need — buffalo feeding on native and regenerative pastures. As Zach Friedman recognized, “The impact was undeniable — from the towering bison to the subtle but vital grasses on the pasture — the ecosystem was thriving. Even though a few dozen buffalo must be harvested each year, this community is stronger under Dan’s management than it would be under industrial farming operations.”
How Much Work Does it Take?
A constant theme from the students is the hard work required to create and sustain a social enterprise. Many of the MBAs making the trip came from families of entrepreneurs who struggled to maintain their businesses. Entrepreneurs need to step out and dive in, in spite of the odds. As Ryan Schell put it, “(S)ocial entrepreneurship is about 10% inspiration and 90% sweat. Every task is important, no matter how small. A common quality among our entrepreneur partners was that they were in constant motion, getting stuff done.” Although the work of Ross Open Road teams was often focused on financially secure methods for maintaining long-term growth, it is the “un-measurable measurable” that keeps these entrepreneurs going.
Where Does the Spark Come From?
Social entrepreneurs develop their ideas a number of different ways, but the germ of their ideas usually comes from a personal experience. Team OKRA discovered in the first week that Detroit S.O.A.R. co-founder Harriette Brown “Chef Bee” became inspired to feed people with nutritious food in her community after facing her own health issues. According to Kevin Jones, “Tracing her problems back to improper nutrition and inadequate healthy food options in her neighborhood, she made it her mission to use food to change the lives of her family, neighborhood, and those living in the food deserts in Detroit.”
Team WCKD with Sarah Ladley of Ba-Nom-A-Nom of Fort Collins, CO
Sarah Ladley, who founded Ba-Nom-A-Nom in Fort Collins, CO was also transformed by a personal experience: “When I was 13, my grandparents took me on a trip to Kenya. And as we sat in our air conditioned van traveling around the country, I witnessed adults crawling on the ground. I thought to myself, How is this fair? Why do I have what I have? I learned about polio and other health issues that people faced, and I knew that I wanted to work in health.” Her experience recovering from thyroid cancer has also had an effect on the rollout of her business, as it has forced her to place more value on work-life balance.
For students interested in the 2018 Ross Open Road experience, there will be information sessions at the Ross School of Business starting in December. Watch for updates on the 2018 program at the Center for Social Impact website.
Below are details of the teams and their journeys:
The teams were:
Team OKRA, made up of Ozge Sahin (MBA ’18), Kevin Jones (MBA ’18), Ravi Patel (MBA ’18), and Ava Damri (MBA ’18),
Team RAZA, comprised of Ryan Schell (MBA/MURP ’19), Ariana Almas (MBA ’18), Zach Friedman (MBA/MS ’19), and Athena Stevenson (MBA ’18),
and Team WCKD, made up of Wiles Kase (MBA/MS ’18), Colleen Hill (MBA/MS ’19), Kenji Kaneko (MBA/MSI ’18), and Dilparinder Singh (MBA ’17).
Team OKRA with RJ Cooper in Lake Forest, CA
Team OKRA focused on tech and food enterprises:
Week One:Sisters on a Roll (Detroit, MI), a mobile cafe bringing food with love and soul to neighborhoods
Week Two:Be More Colorful (Fargo, ND), a virtual reality content management agency with a strong sense of social responsibility
Week Three: Sola Cafe (Bozeman, MT), a cafe and market serving locally-sourced meals and coffees that match lifestyle preferences
Week Four:RJ Cooper & Associates (Lake Forest, CA), creating and adapting, researching, assessing, and helping to implement special needs technology
Team RAZA worked with a clothing company and microbreweries:
Week One:Merit Goodness (Detroit, MI), selling high quality clothing that helps kids get to college
Week Two:Vice District Brewing Co. (Chicago, IL), a place for beer in an environment of diversity and inclusion on Chicago’s Southside
Week Three:Wild Idea Buffalo Company (Rapid City, SD), selling the meat of buffalo who are given respect, dignity and care throughout their lives
Week Four:Fargo Brewing Company (Fargo, ND), creating and distributing locally-sourced beer in the heartland
Week Five:The Golden Yoke (St. Ignatius, MT), ice cream purveyor using ingredients from Montana and Pacific Northwest farmers
Team WCKD worked with a wide range of social enterprises:
Week One:Detroit Training Center (Detroit, MI), providing adults with knowledge, tools, and skills to add value to their communities
Week Two:Gilden Tree (Omaha, NE), purveyors of body care products using envronmentally-friendly manufacturing
Ariana Almas and her MAP team with faculty advisers Jane Dutton and Michael Gordon.
MAY 15, 2017 – In an article from Poets and Quants, released today, several students were spotlighted as examples of “Rising Interest in Social Impact at Ross.” Ariana Almas’ Social Impact Challenge experience and social impact MAP project reveal an abiding interest in making a difference. Molly Hope’s and Mary Rockas’ MAP projects helped them discover just how much business can help society. Parker Caldwell traveled to India to work for a private company that wants to make the world a better place. Specific details about all the students’ experiences are highlighted in the article.
Ann Arbor, February 17, 2017 – The winner of the 2017 Michigan Business Challenge – Impact Track is AIM Tech, a developer of a safe, low-power infant ventilator system for use in the developing world. The Impact Track competition, co-sponsored by the Zell Lurie Institute, the Center for Social Impact, and the Erb Institute, began in December with 61 student social entrepreneurs. Ten semi-finalists competed on January 20 for the four finalist spots in this day’s competition.
Finalists included:
AIM Tech – Stephen John (MD ’19) and Aaron Steiner (MBA ’17) AIM Tech has a desire to improve health care options for under-served groups on a global scale through the development of safe, user-friendly, low power, and affordable equipment.
Find Your Ditto – Parisa Soraya (MHI ’17) Find Your Ditto is a mobile application that connects individuals living with chronic illness locally to on-demand, in-person support.Aaron Steiner (MBA ’17) and Stephen John (MD ’19) of the team AIM Tech are the winners of the 2017 Impact Track of the Michigan Business Challenge.
Kladder LLC – Jaymon Ballew (JD/MBA ’18) Kladder is an online and mobile application that connects diverse professionals and offers unique industry insights based upon the experiences of these individuals.
Sage & Grace – Holly Price (MBA ’17) Sage & Grace is a website and concierge service that educates and empowers grieving families to better, and more affordably, navigate the complications and stress of the American funeral planning process.
(Click on the links above to see interviews with each of the teams.)
AIM Tech received $15,000 for first place, Sage & Grace received $7,500 for second place, Find Your Ditto received $2,500 for third place, and Kladder received $1,000 for fourth place.
The expert judging panel for the finals was comprised of:
Michael Finney – Community Ventures Resources
Chris Uhl – Rock Ventures
Lauren Bigelow – Growth Capital Network
The Michigan Business Challenge is a campus-wide, multi-round business plan competition, of which the Impact Track is a subset focused on entrepreneurial student ventures focused on social and/or environmental impact. Of the 110 teams that began the competition last December, 61 identified as social enterprises. The competition is open to all students of the University of Michigan, and multidisciplinary teams are encouraged. The at-large Michigan Business Challenge is sponsored by the Zell Lurie Institute, and the Impact Track is additionally co-sponsored by Zell Lurie, Business+Impact, and the Erb Institute.